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An overview of cryptocurrency regulations in Portugal

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Is cryptocurrency legal in Portugal? Blockchain and cryptocurrency innovation often raise legal questions, including whether standing legal frameworks offer answers for regulating new technological phenomena. Regulators from European political institutions and across most European countries are increasingly addressing concerns associated with cryptocurrencies. Some countries have fully embraced cryptocurrencies and merely created regulations to protect investors and promote innovation, […]

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Data protection in AI chatting: Does ChatGPT comply with GDPR standards?

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In the 1950s, Alan Turing theorized that computers could interact with humans. As early as 1966, the first chatting — or chatbot — software, Eliza, emerged as a natural language processing (NLP) computer program invented by Massachusetts Institute of Technology computer scientist Joseph Weizenbaum.  Artificial intelligence (AI) chatting is a computer program that enables customers to engage via

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Soft fork vs hard fork: What is a hard and soft fork in cryptocurrency?

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Cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) are powered by a decentralized open-source software called a blockchain. A fork is a change to the blockchain’s underlying protocol. A blockchain fork is an important upgrade to the network and can either represent a radical change or a minor one and can be initiated by developers or

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What are gift card scams, and how to avoid them?

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What are gift card scams? Gift card scams are fraudulent activities where scammers trick people into purchasing gift cards and providing them with information such as the card’s code or PIN.  Scammers utilize a variety of strategies, including fraudulent prize offers, romance scams and technical support hoaxes, to trick victims into providing gift card information.

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Bitcoin sell-off next? Binance BTC balance shoots up $1.5B in 1 month

Bitcoin News, News /

Binance is up over 50,000 BTC in a month, in sharp contrast to other major exchanges, while data suggests the market is going short BTC at $30,000. Bitcoin  BTC $29,433 traders may be gearing up for a sell-off as data shows tens of thousands of coins moving to exchanges. The latest figures from on-chain monitoring resource

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Revolut taps Koinly for automated cryptocurrency tax reports

Bitcoin News, News /

Revolut has partnered with Koinly to integrate cryptocurrency tax report services for users. As cryptocurrencies increasingly fall under the purview of global tax authorities, fintech Revolut has integrated an automated tax reporting service for its users. The digital financial services provider has partnered with cryptocurrency tax solution Koinly to allow users to generate cryptocurrency tax

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Binance to reenter Japan via acquired regulated exchange SEBC

Bitcoin News, News /

Although no official date is mentioned for the launch of Binance Japan, the notice stated that the exchange could start after June. Crypto exchange Binance is set to reenter Japan after acquiring the regulated crypto exchange platform Sakura Exchange Bitcoin (SEBC). Binance acquired the exchange — a Japan Financial Services Agency-licensed business — in November 2022, intending to

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